ProChain Capital President David D. Tawil shares insights into BTC's resilience amid macro headwinds and the impact of CPI data. Plus, takeaways from Tuesday's Senate Banking Committee hearing on safeguarding financial digital assets.
ProChain Capital President David Tawil warns of 'tensions' between the willpower of the consumer and spending desire. #FOXBusiness
ProChain Capital President David Tawil joins Emily Chang to discuss the most recent crypto market selloff after the US Federal Reserve reiterated its resolve to keep raising interest rates until inflation is contained. Plus, his thoughts on why ProChain jumped 19% in July, his take on institutional sentiment in the space, and on the Ethereum Merge.
ProChain Capital president David Tawil argues for a 'resilient' economy in the face of rising rates.
ProChain Capital's monthly investor update and commentary
David D. Tawil is a Co-founder of ProChain Capital and serves as its President.
In addition, David was a Co-Founder of Maglan Capital and has served as President since its founding in 2009. Maglan is an event-driven, corporate turnaround-focused fund, with a concentration on small-cap, activist positions. The fund operated for over 10 years and the principals have very deep experience in bankruptcy, turnaround and restructuring.
David is a frequent contributor to the Wall Street Journal, The Financial Times, Bloomberg, the New York Times, Reuters, CNBC, Bloomberg, and Fox Business. In addition, David has served as an expert witness in securities-related trials.
Prior to founding Maglan Capital in 2011, David was an investment banker with Credit Suisse, where he served as Director of Leveraged Finance and co-managed the fixed-income alternative asset trading business, focusing on sourcing and trading illiquid high-yield and distressed debt.
Before joining Credit Suisse, David was an attorney with Davis Polk & Wardwell, specializing in workouts and bankruptcies. He began his legal career as an associate at Skadden, Arps.
David earned a BS degree in Business Management, graduating magna cum laude, from Yeshiva University, and he earned a JD degree from the University of Michigan Law School.
Justin Litchfield is a Co-founder of ProChain Capital and serves as its Chief Investment Officer.
In addition, Justin is the CEO of Quantum Machines, a Bitcoin mining operation, and an Advisor to LXDX and MAD Network. Prior to founding ProChain, Justin was the Technical Founder at BTC Labs/CoinCart, a payment system utilized by ICO’s to collect and secure token investor funds. In addition, he served as a software architect and technical programmer to FinTech and blockchain ventures and to financial asset trading enterprises. Justin has been closely involved with Crypto Assets since 2013.
Earlier in his career, Justin was the CEO of Obsidian Software, where he was responsible for developing a fully operational mobile-app centered bank (bitPESO).
Justin earned a BS in Chemistry from the University of Utah, and he earned a PhD in Chemistry from Stanford University.
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